Shares of M&F Bancorp, Inc. (OTCMKTS:MFBP – Get Free Report) crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $18.75 and traded as low as $13.60. M&F Bancorp shares last traded at $13.60, with a volume of 3,361 shares trading hands.
M&F Bancorp Trading Down 1.8 %
The business has a fifty day moving average of $15.60 and a 200-day moving average of $18.65.
M&F Bancorp Announces Dividend
The business also recently declared a quarterly dividend, which will be paid on Wednesday, December 13th. Shareholders of record on Friday, November 24th will be issued a $0.04 dividend. The ex-dividend date of this dividend is Wednesday, November 22nd. This represents a $0.16 annualized dividend and a dividend yield of 1.18%.
M&F Bancorp Company Profile
M&F Bancorp, Inc operates as a bank holding company for the Mechanics and Farmers Bank that provides consumer and commercial banking products and services in North Carolina. It offers deposit products, including demand deposits; checking, savings, and money market accounts, as well as certificates of deposit.
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